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To: harpseal
Hey, I'm the one calling for tearing down the internal barriers to American enterprise.

You just demand that everyone else get their legs chopped off instead of broken.

OPIC, after relentlessly taxing and regulating American firms to the edge of bankruptcy, is the LEAST the government can do for those businesses. Taxes paid ARE supposed to provide some form of benefit to the taxed, are they not?
145 posted on 06/27/2003 1:49:57 PM PDT by Poohbah (I must be all here, because I'm not all there!)
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To: Poohbah
OPIC, after relentlessly taxing and regulating American firms to the edge of bankruptcy, is the LEAST the government can do for those businesses. Taxes paid ARE supposed to provide some form of benefit to the taxed, are they not?

OPIC dioes not help out the relentlessly taxed and regulated rather it is a subsidy for the nations that recieve the corporate investment. It was originally formed as part of the foreign aid bill (under Richard M. Nixon). It still is considered a form of foreign aid. it is aid of which the People's Republic od China is a recipient.

Now the corporations being somewhat rational are not going to invest in a higher risk investment without either risk mitigation or a vastly higher rate of return. Thus OPIC with the insurance it provides mitigates the risk. The corporation could make money no matter where they invested. The rate of return would be different based upon location but in the final analysis it would be balnced by risk.

You are the one advocating continued taxpayer support for the outflow of investment capital. You are the one arguing for MARXIST intervention. You are the one arguing for an internationalist viewpoint.

281 posted on 06/28/2003 6:44:52 AM PDT by harpseal (Stay well - Stay safe - Stay armed - Yorktown)
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